Browsing: OMO Bills
The Central Bank of Nigeria (CBN) raised N2.087 trillion from OMO and Treasury bills at the primary market auctions last week.
Interest Rate Falls as Investors Bet N2T on OMO Bills The discount rate on Nigerian OMO bills fell to 22.98%…
Foreign Investors’ Appetite for Nigeria’s OMO Bills Increase Due to better rate, foreign portfolio investors (FPIs) brought significant amount of…
CBN Raises N2.07 Trillion via Treasury, OMO Bills Auctions The Central Bank of Nigeria (CBN) raised more than N2.07 trillion…
Local deposit money banks (DMBs) and foreign portfolio investors (FPIs), along with other authorized dealers, placed huge stake totaling approximately N1.45 trillion on Nigeria’s OMO bills during the Central Bank of Nigeria’s (CBN) primary market auction on Tuesday.
Interbank rates declined sharply despite huge outflow relating to FX auction sales to authorised deposit money banks
The monetary authority has started to price down rates on Nigerian Treasury, and OMO bills in the primary market amidst increasing demand for the naira
Analysts have predicted that there will be further uptick in spot rates as the Central Bank of Nigeria (CBN) is set to raise N300 billion from OMO auction
Investors’ rate on OMO bills dropped to 24.32% at the primary market auction conducted by the Central Bank of Nigeria (CBN) on Thursday.
The Central Bank of Nigeria (CBN) would be conducting an open market operations (OMO) where it will be offering investors’ opportunity to bet on new bills.